eGRC Market Overview by Rising Demands and Scope 2021 to 2031

New York, Global eGRC Market from Global Insight Services is the only authoritative source for intelligence on the eGRC Market . The report will provide you with an analysis of the impact of the latest market disruptions such as the Russo-Ukrainian War and Covid-19 on the market. The report provides a qualitative analysis of the market using various frameworks such as Porters Analysis and PESTLE. The report includes in-depth segmentation and market size data by categories, product types, applications, and geographic regions. The report also includes a comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as mergers and acquisitions activities in the market.

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eGRC is a framework for managing enterprise governance, risk, and compliance. It provides a holistic view of an organization’s risk and compliance posture, and enables businesses to make informed decisions about how to allocate resources to mitigate risks.

Key Players

  • IBM
  • Deloitte
  • KPMG
  • EY
  • SAP SE
  • Bwise
  • MetricStream Inc.
  • Thomson Reuters
  • Wolters Kluwer
  • Protiviti

Key Trends 

There are a few key trends in eGRC technology. One is the move towards cloud-based solutions. This is driven by the need for organizations to be more agile and have greater flexibility in how they manage their compliance programs. Another trend is the use of artificial intelligence and machine learning to help organizations automate their compliance processes. This is seen as a way to improve efficiency and accuracy, and to reduce the cost of compliance.

Key Drivers

There are several key drivers of the eGRC market.One key driver is the need for organizations to have a centralized platform for managing their governance, risk, and compliance (GRC) activities. This is especially important for large organizations that have multiple GRC programs and need to ensure that they are coordinated and aligned.Another key driver is the need for organizations to automate and streamline their GRC processes. This includes the need for tools that can help organizations manage and monitor their GRC activities, as well as automate the execution of GRC processes.

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Market Segments 

By Component

  • Software
  • Services

By Software

  • Audit Management
  • Compliance Management
  • Risk Management
  • Policy Management

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